Acumen Fund

With a proven record of success since its inception in 2001, the Acumen Fund has recently been attracting more and more large donors such as the 'Bill and Melinda Gates Foundation' and 'Google.org.' Such providers of philanthropic capital have approached the not-for-profit fund with millions of dollars in support of Acumen's mission-to use entrepreneurial approaches to solve the problem of global poverty. Through the application of a rigorous framework derived from the venture capital industry, this social venture capital fund has emerged as a leader in its domain. The current $27million portfolio under Acumen's management spans five countries (South Africa, Tanzania, Kenya, India, and Pakistan) and fours sectors (health, housing, water, and energy).

The rest of this article from The Monroe Street Journal of the Stephen M. Ross School of Business is here. Acumen Fund homepage here.